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South American Weather and Crop Update (5-13-26)

South American Weather and Crop Update (5-13-26)

Despite weather concerns for the crops in Brazil, the USDA increased the crop projections for both Brazil and Argentina in the latest WASDE report. Allendale commodity broker Greg McBride said he was expecting to see a cut to the Brazil crop, which is still possible for the next WASDE report. McBride said the Brazilian forecast still contains plenty of dry weather. At the very least, the dry weather in South America is allowing for harvest progress to continue. The team at Allendale can be...

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Feeding the Economy report shows agriculture’s impact

Feeding the Economy report shows agriculture’s impact

Each year, the Feeding the Economy Report measures the downstream, off-the-farm economic impact of U.S. agriculture. Danny Munch, an economist with the American Farm Bureau Federation, said the report tracks three layers of impact. Munch said when you combine those...

Hog inventories up in March

Hog inventories up in March

The latest Quarterly Hogs and Pigs Report from USDA shows an increase in inventories. USDA livestock analyst Michael McConnell says the total number of hogs in the U.S. is up compared to this time a year ago. McConnell says hog inventories remain stable, adding that...

Ernst: 45Z must reflect Iowa farm practices

Ernst: 45Z must reflect Iowa farm practices

As federal agencies continue working through the rulemaking process for the 45Z clean fuel production credit, Iowa Senator Joni Ernst says the final guidance must reflect the work farmers are already doing on the ground. She says she and Senator Chuck Grassley have...

U.S. Export Sales Report (3-26-26)

U.S. Export Sales Report (3-26-26)

It’s been a volatile time in the ag marketplace, and that is no different for the export sales. This week’s numbers were a bit of a mixed bag. Allendale commodity broker Greg McBride said the corn sales are still strong overall. McBride said the soybean sales were...

RVO announcement coming very soon

RVO announcement coming very soon

The renewable fuels industry has been long awaiting the Environmental Protection Agency's release of the latest Renewable Volume Obligation blending requirements which are expected to be announced very soon. Lee Zeldin, administrator of the Environmental Protection...

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